Company
Lennar Corporation
Headquarters: Miami, FL, United States
Founded: 1954
Employees: 10,753
CEO: Mr. Jonathan M. Jaffe
Market Cap
$40.96 Billion
USD as of Jan. 1, 2024
Lennar Corporation Categories
United States Consumer Discretionary Residential ConstructionUnited States Consumer Discretionary United States Residential Construction
Top Competitors by Market Capitalization
Industry: Residential Construction
| Company | Market Cap (USD) |
|---|---|
| D.R. Horton, Inc. | $49.27 B |
| NVR, Inc. | $22.09 B |
| PulteGroup, Inc. | $21.66 B |
| Sekisui House Ltd | $14.95 B |
| Toll Brothers, Inc. | $10.31 B |
Detailed Description
Lennar Corporation, together with its subsidiaries, operates as a homebuilder primarily under the Lennar brand in the United States. It operates through Homebuilding East, Homebuilding Central, Homebuilding Texas, Homebuilding West, Financial Services, Multifamily, and Lennar Other segments. The company's homebuilding operations include the construction and sale of single-family attached and detached homes, as well as the purchase, development, and sale of residential land; and development, construction, and management of multifamily rental properties. It also offers residential mortgage financing, title insurance, and closing services for home buyers and others, as well as originates and sells securitization commercial mortgage loans. In addition, the company is involved in the fund investment activity. It primarily serves first-time, move-up, active adult, and luxury homebuyers. Lennar Corporation was founded in 1954 and is based in Miami, Florida.
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Stocks & Indices
Lennar Corporation has the following listings and related stock indices.
Stock: NYSE: LEN wb_incandescent
Stock: NYSE: LEN.B wb_incandescent
Stock: FSX: LNN wb_incandescent
Stock: BMV: LEN wb_incandescent
Stock: Bovespa: L1EN34 wb_incandescent
Stock: FSX: LNN0 wb_incandescent
Key People
Founder(s): Leonard Miller Arnold Rosen
Stuart Miller (executive chairman) Rick Beckwitt (CEO) Jon Jaffe (president and COO)
Financials
Revenue: US$27.130 Billion (Fiscal Year Ended November 30, 2021)
Operating income: US$5.819 Billion (Fiscal Year Ended November 30, 2021)
Net income: US$4.430 Billion (Fiscal Year Ended November 30, 2021)
Total assets: US$33.207 Billion (Fiscal Year Ended November 30, 2021)
Total equity: US$20.996 Billion (Fiscal Year Ended November 30, 2021)